According to a Bloomberg report on Friday, Leon Li, the founder of cryptocurrency exchange Huobi Global, is in negotiations to sell a majority stake in the company, which would give the company a value of at least $3 billion. ...
The Philippine central bank stated in a memo that starting in September, the regular application period for new licenses to provide services for virtual assets will be closed for three years. According to the regulator, it "aims to strike...
On Thursday, Binance announced on its official Twitter page that it would support the hard fork and upgrade of the Monero network. The hard fork and network update will occur at block height 2,688,888, or around 2022-08-13 (UTC). #Binance...
Goracle, an Algorand-based decentralized oracle, has announced a technical alliance with the dispute resolution technology Kleros. The partnership aims to assist in resolving conflicts that develop on the Algorand blockchain. One of the core components of decentralized governance is...
The U.S. Labor Department recently published the latest Consumer Price Index summary that discloses that the cumulative inflation rate in the United States for the past twelve months has reduced, in contrast to the 40-year high record that the...
Coinbase, a popular cryptocurrency exchange, has published its financial statement for the second quarter of 2022, revealing a $1.1 billion loss. The crypto exchange attributes the company's poor financial results to the current state of the crypto markets. The...
During the ETH Seoul 2022 conference, an Ethereum and blockchain-focused event held in South Korea, Vitalik Buterin, co-founder of Ethereum (ETH), presented several ideas that he claims are worthwhile for developers to work on. The Ethereum creator first urged...
Last week, assets worth $190 million were stolen from Nomad Bridge, a cross-chain interoperability protocol, in what many referred to as "the first decentralized theft." Several stablecoins, including USDT, USDC, and Frax, were withdrawn from the bridge during the...
The cryptocurrency exchange ZB Exchange has suspended withdrawals. This is due to an alleged hack on Tuesday that drained nearly $5 million worth of tokens from the company's hot wallet. The multimillion-dollar loss is the latest in a series...
Vitalik Buterin, co-founder of Ethereum, has stated that when a Layer 2 scaling option such as the rollup is used to increase scalability and reduce transaction costs, crypto payments will notice a significant improvement. According to reports, Buterin made...
